After costs, if the gap returns to its 7d average, $10k+$1
spread now+0.339%7d average−0.042%fees + slippage, in and out−$37spread needed0.370%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CL_USDT | 91.440 | 0 | get 0.0000% / 8h | 6h 58m | $21.2M | $59.0M | 100x |
| Short | Coinbase International WTIOIL-PERP-INTX | 91.750 | 0.0032 | get 0.0004% / 1h | 58m 50s | $373K | $917K | 15x |
Gate CL_USDT
Coinbase International WTIOIL-PERP-INTXPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $33.9
- Funding while held
- $0.96
- Slippage, 4 orders
- −$11.96
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$2.1
- Spread needed to break even
- 0.370%
Slippage from Gate: live order book, 2 min ago; Coinbase International: live order book, 46 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0032%
- Per $10,000 a day
- +$0.96
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 2 min ago | 0.55 bp | 11.3 bp −$11 | 15.5 bp −$155 | 27.3 bp −$2,725 | 34.5 bp −$17.3K |
| Sell Coinbase International live order book, 46 min ago | 2.18 bp | 9.2 bp −$9 | 10.4 bp −$104 | doesn't fit | doesn't fit |
CL price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)91.205cheapestPhoenix91.220+0.016%StandX91.260+0.060%Variational Omni91.263+0.063%edgeX91.268+0.069%Aftermath Perps91.332+0.139%ApeX Omni91.360+0.170%Ondo Perps91.400+0.214%BloFin91.400+0.214%dYdX91.407+0.222%Pacifica91.427+0.243%QFEX91.430+0.247%Nado91.430+0.247%Paradex91.432+0.249%Bullet91.440+0.258%
gTrade (Gains Network)
Phoenix
StandX
Variational Omni
ApeX Omni
Ondo Perps
BloFin
dYdX
Pacifica
QFEX
Nado
Paradex
BulletGate91.440+0.258%
Polymarket Perps91.461+0.281%GMX91.465+0.285%Binance91.490+0.312%KuCoin91.491+0.314%Bitget91.493+0.316%RISEx91.494+0.317%SoDEX91.495+0.318%Aevo91.497+0.320%Lighter91.499+0.322%OKX91.500+0.323%tradeXYZ91.504+0.328%Bybit91.510+0.334%Aster91.517+0.343%Vest91.520+0.345%Extended91.530+0.356%Kraken Futures91.531+0.358%Deribit91.550+0.378%
Polymarket Perps
GMX
Binance
KuCoin
Bitget
RISEx
SoDEX
Aevo
Lighter
OKX
tradeXYZ
Bybit
Aster
Vest
Extended
Kraken Futures
DeribitCoinbase International91.750+0.598%
Injective92.595+1.524%
InjectiveCL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) WTI/USD | −0.257% | L 0.0000% / S +0.0036% | 1h | $4K | — | 150x | as long as short |
| Phoenix WTIOIL | −0.241% | +0.0035% | 1h | $33K | $267K | 20x | as long as short |
| StandX CL-USD | −0.197% | +0.0040% | 1h | $717K | $2.2M | 40x | as long as short |
| Variational Omni CL | −0.194% | 0.0000% | 4h | $12.4M | $17.4M | — | as long as short |
| edgeX CLUSDC | −0.189% | +0.0002% | 4h | $525K | $354K | 30x | as long as short |
| Aftermath Perps WTIUSD | −0.118% | −0.0083% | 1h | $2K | $36K | 5x | as long as short |
| ApeX Omni CLUSDT | −0.087% | +0.0100% | 1h | $55K | $272K | 50x | as long as short |
| Ondo Perps WTI-USD.P | −0.044% | −0.0028% | 1h | $3.4M | $5.9M | 20x | as long as short |
| BloFin CL-USDT | −0.044% | +0.0240% | 4h | $4.1M | $1.4M | 50x | as long as short |
| dYdX WTI-USD | −0.036% | 0.0000% | 1h | $5K | $49 | 5x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica CL | −0.014% | +0.0100% | 1h | $330K | $392K | 10x | as long as short |
| QFEX CL-USD | −0.011% | −0.0016% | 1h | $2.4M | $2.9M | 10x | as long as short |
| Nado WTI-PERP | −0.011% | +0.0014% | 1h | $816K | $727K | 10x | as long as short |
| Paradex CL-USD-PERP | −0.009% | +0.0037% | 8h | $15K | — | 5x | as long as short |
| Bullet WTIOIL-USD | 0.000% | 0.0000% | 1h | $17K | $249K | 10x | as long as short |
| Gate CL_USDTlong | 0.000% | 0.0000% | 8h | $21.2M | $59.0M | 100x | |
| Polymarket Perps WTIOIL-USD | +0.023% | +0.0050% | 1h | $1.6M | $1.4M | 20x | as long as short |
| GMX WTIOIL/USD [ETH-USDC] | +0.027% | L +0.0221% / S −0.0145% | 1h | $84K | — | 111x | as long as short |
| Binance CLUSDT | +0.055% | 0.0000% | 4h | $246.1M | $1.00B | 100x | as long as short |
| KuCoin CLUSDTM | +0.056% | +0.0100% | 4h | $7.6M | $855K | 50x | as long as short |
| Bitget CLUSDT | +0.058% | 0.0000% | 4h | $42.5M | $61.4M | 100x | as long as short |
| RISEx CL/USDC | +0.059% | 0.0000% | 1h | $3.0M | $2.5M | 20x | as long as short |
| SoDEX CL-USD | +0.060% | +0.0050% | 1h | $2.0M | $41K | 20x | as long as short |
| Aevo WTIOIL-PERP | +0.063% | +0.0104% | 1h | $4K | $49 | 10x | as long as short |
| Lighter WTI | +0.065% | −0.0016% | 1h | $11.0M | $12.0M | 20x | as long as short |
| OKX CL-USDT-SWAP | +0.066% | 0.0000% | 4h | $43.4M | $106.3M | 50x | as long as short |
| tradeXYZ xyz:CL | +0.070% | +0.0008% | 1h | $183.6M | $263.6M | 20x | as long as short |
| Bybit CLUSDT | +0.077% | 0.0000% | 8h | $25.1M | $93.0M | 150x | as long as short |
| Aster CLUSD1 | +0.085% | −0.0021% | 4h | $24.8M | $62.8M | 20x | as long as short |
| Vest CL-PERP | +0.087% | +0.0046% | 1h | — | $243K | 10x | as long as short |
| Extended WTI-USD | +0.098% | +0.0032% | 1h | $2.0M | $30.4M | 10x | as long as short |
| Kraken Futures PF_WTIOILUSD | +0.100% | −0.0091% | 1h | $295K | $1.2M | 25x | as long as short |
| Deribit WTIOIL_USDC-PERPETUAL | +0.120% | 0.0000% | 1h | $95K | $476K | 15x | as long as short |
| Coinbase International WTIOIL-PERP-INTXshort | +0.339% | +0.0032% | 1h | $373K | $917K | 15x | |
| Injective WTI/USDC PERP | +1.263% | +0.0033% | 1h | $18K | $14K | 30x | as long as short |